With a hot home buyer’s market and ongoing shortage of new construction, home builders are troubled by a growing crisis in housing: People in middle and lower-income brackets are increasingly priced out of the market for home ownership.
“Legislators are considering a number of bills this session that will significantly increase the cost of new homes,” said Tracy Doriot, 2021 president of the Tumwater-based Building Industry Association of Washington, in a news release. “Many of the bills have worthy goals. However, they also have significant consequences.
“Every $1,000 increase in the cost of building a new home prices more than 2,500 people out of the market in Washington. We’re
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